STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

I thought it was simply the difference on percentage of appraised value (4% vs 6%).

You can simply offer a higher sale price to do that. 3.

The values they had before were based on rents that simply weren't sustainable. 

If it matters to any degree to retain this tenant, if listing for new tenant is a pain, I'd simply call this guy up, I'd be upfront and ask him about all this.

If you keep responding, you will keep digging yourself a bigger hole.

There are many mentorship programs available ofc and Open Spaces was simply a great match for me. 

I realize down the road letting if I am trying to simply pay mortgages off the ROE  is no longer a useful gauge. 

🛡️Our responsibility as operators is to investigate, to poke holes, and to present only the best deals to our investors.We filter every opportunity that enters our pipeline, from the big picture down to the small details.📌 First, we filter by market:- Growing Population?

Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.